Cooling US inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit.
The dollar is down nearly 13 per cent against a basket of ...
For hundreds of thousands of ordinary Swedes, investing in one of their country’s biggest landlords SBB (SBBb.ST) was a sure bet for years. Now it is at the ...
Alphabet (GOOGL.O) said it is rolling out its artificial- intelligence chatbot, Bard, in Europe and Brazil on Thursday, the product’s biggest expansion since its February launch and pitting ...
A monthly guide to the world of venture investments news provided by the international angels community ICLUB
In the June edition of the News Digest, we talk about the picks ...
Global stocks traded around their highs for the year on Thursday as investors bet that the Federal Reserve was finally taming inflation and could end its rate hiking cycle as ...
Nvidia (NVDA.O) invested $50 million to speed up training of biotech firm Recursion’s (RXRX.O) artificial intelligence models for drug discovery, which the chip designer can then potentially license ...
US chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware (VMW.N) after offering remedies to help rival Marvell ...
Britain’s economy shrank by less than expected in May despite a bank holiday to mark King Charles’ coronation and strikes, suggesting a widely forecast recession caused by high inflation ...
Relentless travel demand has sent bookings at US carriers soaring, translating into bumper earnings. However, their shares have not shown the same trajectory as questions linger about the sustainability of ...
Britain’s economy is so far proving resilient to a surge in interest rates over the past year and a half, but it will take time for the full impact ...
Italy’s hopes of transforming its economy with billions of euros of European Union pandemic recovery funds are unravelling fast, businesses on the ground say, with inefficiencies at all levels ...
With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for at least another year as a global multinationals tax deal to replace ...
Zara owner Inditex (ITX.MC) said on Tuesday it will look to recycling and sustainably farmed crops to reduce its environmental impact by 2030, as fast-fashion retailers face growing pressure to ...
Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking.
For universal banks such as JPMorgan (JPM.N) ...
More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming artificial intelligence revolution, and workers fear they could lose their ...
Dubai residential property prices in the year to June 30 rose at their fastest in almost a decade, climbing by 16.9 per cent, while average rents jumped by 22.8 per cent, property consultancy ...
Europe’s Airbus (AIR.PA) inaugurated a new assembly line for its A321neo jetliner in southwest France on Monday, granting a new lease of life to the deserted home ...
Meta Platforms’ (META.O) Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit ...
European airports are in the midst of another busy summer as passenger numbers globally recover to pre-pandemic levels, while airline and airport staff continue to negotiate on wages.
The travel ...
Pay pressures in Britain’s labour market cooled further in June, according to a survey of recruiters published on Monday that could help ease some of the Bank of England’...
Iraq and French oil major TotalEnergies (TTEF.PA) on Monday signed a long-delayed $27 billion energy deal that aims to increase oil production and boost the country’s capacity to produce ...
Embattled by a US Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support for legislation they hope will rein ...
British companies were the most upbeat about their trading prospects in 10 months in June and their hiring plans increased again but rising interest rates could prompt consumers to rein in ...
An unusually long lag in the time interest rate hikes are taking to feed through to the economy has left corporate leaders guessing whether to prepare for a hard or ...